Somewhat off topic question. First, really appreciate all of the great information you provide on here. I’ve learned so much about the P2P lending process from reading your articles and your weekly news round ups. Here’s my question: About six months ago you had posted an article discussing how every loan on lendingclub was getting funded. Do you still find that to be the case? I have an A1 grade loan currently in the funding stage with a little over 8 days left and am just over 15% funded. Your original article eased my mind a little but I’m curious if that trend still holds true. I know from reading your articles that lendingclub limits the institutional money during the first seven days of the loan listing. I’m just trying to get a grasp of what I can expect from here on out. Thanks for any insight you can give me.

Chase, The vast majority of loans are still getting funded at Lending Club, but no longer is that number 100%. Having said that the amount of money you receive on your loan in the first 7 days has little bearing on whether it will fund. Many retail investors avoid A1 loans because of the low returns but that is not the same for institutional investors or LC Advisors. With the loan volume currently available I would be very surprised if your loan doesn’t fund but it may take until day 12 or 13 to fully fund. Best of luck.